Ranking Spokane's Neighborhoods by Affordability

Narrowing down your home search? Let's explore the most popular neighborhoods in Spokane, ranked from the cheapest to the most expensive, to help you find the perfect area for your new home.

Airway Heights

Average Price: $373,995
Airway Heights, located just west of Spokane, offers affordable new construction and manufactured homes. This area is primarily entry-level new construction and older manufactured homes, contributing to its lower average price.

Millwood

Average Price: $392,500
Millwood, a small section of Spokane Valley, is known for its older homes and quaint community feel. It's a compact area with some charming amenities, though it lacks sidewalks and has busy roads like Argonne.

City of Spokane

Average Price: $396,000
Spokane features diverse neighborhoods with varying price points. While areas like Eagle Ridge and parts of South Hill are pricier, large sections of Northeast and Northwest Spokane offer more affordable housing options.

Deer Park

Average Price: $406,000
Deer Park is known for its newer homes and larger properties. The city itself is small, but the surrounding area includes many homes on acre-plus lots, providing a more rural feel.

Cheney

Average Price: $416,000
Cheney, southwest of Spokane, is home to Eastern Washington University. The area is largely rural, with a mix of residential properties and natural features like the Turnbull National Wildlife Refuge.

Elk

Average Price: $425,000
Elk, north of Spokane, offers remote and quiet living with lots of trees and space. It's ideal for those seeking privacy and a connection to nature, while still being equidistant to Newport and North Spokane.

Medical Lake

Average Price: $437,750
Medical Lake is a growing area with a mix of new construction and older properties. It's known for its numerous lakes and wetlands, and it has been significantly impacted by recent fires, leading to ongoing rebuilds.

Spokane Valley

Average Price: $438,000
Spokane Valley is slightly more expensive than Spokane, featuring newer and larger homes. It’s more suburban and commercialized, lacking some of the charm of older Spokane neighborhoods but offering modern amenities.

Mead

Average Price: $452,000
Mead is a blend of older and newer homes, with a strong school district. It includes various suburban neighborhoods and rural properties, making it a versatile option for families and individuals.

Rockford

Average Price: $480,000
Rockford is a rural area south of Spokane Valley, known for its large properties and scenic landscapes. It’s further from downtown Spokane, making it ideal for those seeking a quiet, country lifestyle.

Chattaroy

Average Price: $535,000
Chattaroy, located between Colbert and Elk, offers a balance of proximity to Spokane and rural tranquility. It features a mix of residential properties and large parcels of land.

Liberty Lake

Average Price: $535,500
Liberty Lake is a rapidly growing area with new developments like the River District. It offers a mix of luxury homes, suburban neighborhoods, and recreational amenities, making it a popular choice for families.

Green Acres

Average Price: $550,000
Green Acres, part of Spokane Valley, features a mix of suburban and rural properties. It’s known for its larger lot sizes and newer developments, feeding into the desirable Ridgeline High School.

Mica

Average Price: $580,000
Mica, a rural area south of Spokane Valley, offers large properties and a peaceful environment. It’s ideal for those looking to live on land while still being within driving distance of Spokane’s amenities.

Newman Lake

Average Price: $590,000
Newman Lake is a scenic area along the Idaho border, featuring properties around the lake and wooded areas. It’s perfect for those seeking a tranquil lakeside lifestyle with easy access to outdoor activities.

Colbert

Average Price: $600,000
Colbert, north of Spokane, is known for its residential neighborhoods and proximity to the Little Spokane River. It features a mix of suburban homes and larger properties, with strong community ties.

Nine Mile Falls

Average Price: $650,000
Nine Mile Falls, northwest of Spokane, is a close-knit community with beautiful natural surroundings. It offers a mix of properties, from suburban homes to large rural parcels, and is known for its community spirit.

Valleyford

Average Price: $1.13 million
Valleyford, south of Spokane, features luxury homes on expansive properties. It’s an exclusive area with high-end real estate, making it a preferred choice for affluent buyers seeking privacy and scenic views.

These neighborhoods offer a range of options to suit different budgets and lifestyles. Whether you're looking for affordable new construction, charming older homes, or luxury properties, Spokane has something for everyone. Explore these areas to find your perfect home in Spokane.

Thank you for exploring Spokane's neighborhoods with us. Find the area that fits your lifestyle and budget, and enjoy your new home in this vibrant community!